how is that possible and tolerate by asic

issuing shares at 0.0004 to sophisticated investors, and of late to a broker??
the sellers are queuing at 0.001
from the quarterly report note :
exploration 9000
administration 186000,
the chart has been in downtrend for almost 10 years , to the level of need of reconstruction??
wonder what the diligence of board did accomplished??
they say creating sharesholders wealth,, well looks like destruction of the investors..
confucius say time to be reborn, been long time dead
the same board is on SBR,, no comments